v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net loss $ (24,012) $ (26,904)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 88,852 81,539
Amortization of debt issuance costs inclusive of settled interest rate swaps 4,232 3,987
Other amortization 30,873 28,339
Loss on early extinguishment of debt 0 8,000
Stock compensation expense 4,685 4,650
Gain on sale of real estate assets 0 (2,013)
Changes in assets and liabilities:    
Increase in tenant and straight-line rent receivables (13,605) (14,527)
Increase in prepaid expenses and other assets (3,760) (4,845)
Increase/(decrease) in accounts payable and accrued expenses 12,804 (12,148)
Decrease in deferred income (7,615) (12,261)
Net cash provided by operating activities 92,454 53,817
Cash Flows from Investing Activities:    
Capitalized expenditures (71,846) (81,572)
Sales proceeds from wholly-owned properties 0 31,351
Deferred lease costs paid (22,106) (20,818)
Net cash used in investing activities (93,952) (71,039)
Cash Flows from Financing Activities:    
Debt issuance and other costs paid (182) (291)
Proceeds from debt 184,000 482,087
Repayments of debt (160,857) (530,322)
Premiums paid to repurchase senior notes 0 (7,098)
Costs of issuance of common stock (342) (168)
Value of shares withheld for payment of taxes related to employee stock compensation (3,029) (2,199)
Dividends paid (137) (30,854)
Net cash provided by/(used in) financing activities 19,453 (88,845)
Net increase/(decrease) in cash, cash equivalents, and restricted cash and escrows 17,955 (106,067)
Cash, cash equivalents, and restricted cash and escrows, beginning of period 3,791 113,882
Cash, cash equivalents, and restricted cash and escrows, end of period $ 21,746 $ 7,815